Financial Alternatives Inc Boosts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Financial Alternatives Inc grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 106,403 shares of the company’s stock after purchasing an additional 3,580 shares during the period. JPMorgan Equity Premium Income ETF accounts for 4.5% of Financial Alternatives Inc’s portfolio, making the stock its 6th biggest position. Financial Alternatives Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $6,031,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of JEPI. Asset Allocation Strategies LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 3.6% in the 4th quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock worth $398,000 after acquiring an additional 253 shares during the period. Global Trust Asset Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 146.8% in the 1st quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock worth $88,000 after acquiring an additional 900 shares during the period. Mosley Wealth Management acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $578,000. Optimum Investment Advisors increased its holdings in shares of JPMorgan Equity Premium Income ETF by 331.3% in the 1st quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock worth $75,000 after acquiring an additional 994 shares during the period. Finally, Napa Wealth Management acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $1,254,000.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

JEPI stock opened at $58.35 on Thursday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $58.85. The firm’s 50-day simple moving average is $57.18 and its 200 day simple moving average is $56.89. The stock has a market cap of $34.24 billion, a PE ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.